Question
What is the monthly wage ceiling specified under Section
4(1) for working out the maximum amount of compensation, after the amendment made in 1995?Solution
The monthly wage ceiling specified in Explanation II under Section 4(1) for working out the maximum amount of compensation was enhanced from Rs. 1000/- to Rs. 2000/-, as per the amendment made in 1995.
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I. Balarampur
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Analysis of any financial Statement comprises